The stock of Hormel Foods Corp (HRL) has gone down by -3.51% for the week, with a -9.81% drop in the past month and a -2.36% drop in the past quarter. The volatility ratio for the week is 2.55%, and the volatility levels for the past 30 days are 1.84% for HRL. The simple moving average for the past 20 days is -3.84% for HRL’s stock, with a -6.04% simple moving average for the past 200 days.
Is It Worth Investing in Hormel Foods Corp (NYSE: HRL) Right Now?
The price-to-earnings ratio for Hormel Foods Corp (NYSE: HRL) is 20.63x, which is above its average ratio. Moreover, the 36-month beta value for HRL is 0.27. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 9 as “hold,” and 0 as “sell.”
The public float for HRL is 290.78M and currently, short sellers hold a 4.05% of that float. On January 14, 2025, HRL’s average trading volume was 2.34M shares.
HRL) stock’s latest price update
The stock of Hormel Foods Corp (NYSE: HRL) has increased by 0.70 when compared to last closing price of 30.05. Despite this, the company has experienced a -3.51% fall in its stock price over the last five trading sessions. seekingalpha.com reported 2025-01-11 that Calvert Research and Management’s annual review identified the top 100 sustainable companies based on over 230 ESG performance indicators, including workplace diversity and greenhouse-gas emissions. Eight dividend-paying sustainable companies offer annual dividends from a $1K investment exceeding their single share prices, signaling potential buy opportunities. Analysts forecast net gains of 27.62% to 59.85% for top ESG companies by January 2026, with Regions Financial leading at an estimated 59.84%.
Analysts’ Opinion of HRL
Many brokerage firms have already submitted their reports for HRL stocks, with Exane BNP Paribas repeating the rating for HRL by listing it as a “Underperform.” The predicted price for HRL in the upcoming period, according to Exane BNP Paribas is $28 based on the research report published on October 21, 2024 of the previous year 2024.
Stephens, on the other hand, stated in their research note that they expect to see HRL reach a price target of $31. The rating they have provided for HRL stocks is “Equal-Weight” according to the report published on October 03rd, 2024.
Citigroup gave a rating of “Buy” to HRL, setting the target price at $37 in the report published on August 13th of the previous year.
HRL Trading at -3.29% from the 50-Day Moving Average
After a stumble in the market that brought HRL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.91% of loss for the given period.
Volatility was left at 1.84%, however, over the last 30 days, the volatility rate increased by 2.55%, as shares sank -8.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.40% lower at present.
During the last 5 trading sessions, HRL fell by -3.51%, which changed the moving average for the period of 200-days by -11.91% in comparison to the 20-day moving average, which settled at $31.47. In addition, Hormel Foods Corp saw -3.54% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HRL starting from LYKKEN STEVEN J, who purchase 4,904 shares at the price of $32.47 back on Dec 06 ’24. After this action, LYKKEN STEVEN J now owns 7,100 shares of Hormel Foods Corp, valued at $159,246 using the latest closing price.
LYKKEN STEVEN J, the GROUP VICE PRESIDENT of Hormel Foods Corp, sale 9,800 shares at $31.91 during a trade that took place back on Sep 27 ’24, which means that LYKKEN STEVEN J is holding 30,589 shares at $312,689 based on the most recent closing price.
Stock Fundamentals for HRL
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.17 for the gross margin
The net margin for Hormel Foods Corp stands at 0.07. The total capital return value is set at 0.09. Equity return is now at value 10.24, with 5.99 for asset returns.
Based on Hormel Foods Corp (HRL), the company’s capital structure generated 0.26 points at debt to capital in total, while cash flow to debt ratio is standing at 0.44. The debt to equity ratio resting at 0.36. The interest coverage ratio of the stock is 13.15.
Currently, EBITDA for the company is 1.36 billion with net debt to EBITDA at 1.55. When we switch over and look at the enterprise to sales, we see a ratio of 1.57. The receivables turnover for the company is 13.73for trailing twelve months and the total asset turnover is 0.89. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.32.
Conclusion
To wrap up, the performance of Hormel Foods Corp (HRL) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
